153 McElvain RdHansonKY42413
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hanson at 153 McElvain Rd, Hanson, KY, 42413 with 5% annual appreciation on a $185,000 basis while $1,465/mo rent supports operations. Total monthly income totals $1,465/mo and a $905/mo payment preserves $340/mo for cash returns. Annual cash flow comes to $4,074/yr on $61,328 deployed, and return on cash invested reaches 26.55% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 9.5%. Five-year ROI measures 138.34% and total cumulative return in cash totals $84,843.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,465/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1903
3.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42413, Hanson, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,158 (100%) |
| Owner Occupied HU | 979 (84.5%) |
| Renter Occupied HU | 111 ( 9.6%) |
| Vacant Housing Units | 68 ( 5.9%) |
| Median Home Value | $188,375 |
| Average Home Value | $199,791 |
Housing Distribution
Address Breakdown
Residential
1,110
Single Family
1,110
Multi-Family
0
Businesses
48
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